Nvidia will invest in these European technology companies in 2025

Nvidia The company has become something of an AI kingmaker as hyperscalers rush to build out AI capabilities. The company also has cash to spend and is slowly increasing its investments in European startups.

Last year, Nvidia participated in 14 rounds for European tech companies, compared to seven in 2024, five in 2023, one in 2022, and zero in 2021 and 2020, according to deal aggregation platform Dealroom.

Of the 86 startup rounds the company invested in worldwide that year, 14 investments were from Europe.

Nvidia is on a charm offensive in the industry, seeking to deepen its relationships with some of the world’s most promising companies by offering cash as well as technical expertise and supply chain support.

This trend will continue in 2026, with British AI startup Synthesia announcing on Monday that Nvidia has participated in its $200 million Series E.

The semiconductor giant’s big spending is part of a broader effort to deepen its relationships with the world’s most promising startups to solidify its position as an AI leader.

“NVIDIA’s investments in European AI companies appear to reflect the company’s broader global strategy to leverage excess cash and reinvest in the AI ​​ecosystem of numerous startups,” Morningstar senior equity analyst Brian Colello told CNBC.

According to Dealroom, these are the combined sizes of all European technology companies that Nvidia or its venture arm NVentures has invested in in the last year, as well as the rounds in which the company has participated.

Round: 1.7 billion euros, September

French startup Mistral, one of Europe’s leading AI labs, is building models that aim to rival those created by the likes of OpenAI and Google. The semiconductor giant invested in the AI ​​company’s Series B in 2024, before participating in Mistral’s €1.7 billion Series C funding round in September that valued the company at €11.7 billion ($13.6 billion).

Round: $1.1 billion in September, $433 million in October

Nscale, which builds data centers and provides AI cloud computing services, has courted Nvidia throughout 2025, with the semiconductor giant’s chief executive Jensen Huang announcing in September that he would invest £500m in the company. The UK-based startup quickly announced two rounds, both featuring Nvidia, in late September and early October.

Round: $600 million, September

In September, quantum computing company Quantinuum announced a new round of funding backed by Nvidia, valuing it at $10 billion. This procurement will support continued progress toward the upcoming launch of the company’s next-generation quantum computing system, Helios.

Round: $330 million, December

Nvidia participated in a Series B of vibe coding startup Lovable in December, valued at $6.6 billion. Alphabet’s VC arm and Menlo Ventures led the round.

Round: $300 million, December

Black Forest Labs, a German AI research lab developing frontier AI models for visual content, announced a $300 million raise in December at a valuation of $3.25 billion. Nvidia participated along with A16z, General Catalyst, and Salesforce Ventures.

Round: $180 million, October

In October, Nvidia participated in N8n’s Series C, valued at $2.5 billion, along with VC firms Accel, Meritech, and Redpoint. German startup automates corporate workflows.

Round: $100 million, September

UK-based CuspAI is building an AI materials discovery platform and secured investment from Nvidia in a $100 million round announced in September.

Round: $86 million, December

NVentures participated in PolyAI’s $86 million Series D in December. This British startup is developing an AI voice assistant for customer service. N Ventures previously backed the company with a $50 million Series C in May 2024.

Round: $80 million, September

British biotech company Charm Therapeutics announced in September that it had raised $80 million from Nvidia. The semiconductor giant had previously invested $20 million in the company in 2023.

Round: 50 million euros, September

Scintil Photonics is a fabless semiconductor company that develops silicon photonic integrated circuits (PICs) designed to solve data transfer bottlenecks in AI data centers. Nvidia joined Bosch Ventures, Bpifrance and Innovacom in the French company’s Series B in September.

Round: $20 million, November

The UK-based company develops an AI platform that helps manufacturers simulate physics in physical system design. Nvidia invested $20 million in the company in November and was given the right to put an additional $80 million into the startup’s next round.

Round: Undisclosed amount, October

Cassava Technologies, a UK-based provider of internet services and data center infrastructure in Africa, announced in October that NVIDIA had made an equity investment in the company.

Round: Undisclosed amount, November

The fintech giant announced that Nvidia bought its shares in November at a valuation of $75 billion. UK-based Revolut is Europe’s most respected startup.